Singapore-based digital finance platform Atome has increased its syndicated debt facility to US$345 million ($444 million), up from US$200 million last year.
It will use the facility to expand its profitable regional portfolio. This includes buy now pay later (BNPL), lending and the Atome Pay Later Anywhere Card in Singapore, Malaysia and the Philippines.
HSBC retained its roles as the structuring bank and mandated lead arranger and bookrunner on the deal, with DBS joining in the same capacity.
Other returning lenders include Sumitomo Mitsui Banking Corporation’s Singapore branch, Brunei’s Baiduri Bank and Cathay United Bank. New participants include Fubon Bank and Shanghai Pudong Development Bank.
“We’re now better positioned to support a rapidly growing and profitable loan book, while scaling transparent and flexible credit solutions for merchants and consumers,” says Andy Tan, Atome’s chief commercial officer.
Atome is part of the Advance Intelligence Group, which is backed by investors including EDBI, SoftBank Vision Fund 2, Warburg Pincus and Northstar.
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The funding comes as Atome Financial reported stronger operating momentum. In its latest audited results for the 2024 financial year, operating income rose 63% to US$236 million, while gross merchandise value (GMV) exceeded US$2 billion, up 50% from a year earlier.
Growth accelerated in 2025, with annualised net revenue surpassing US$500 million on annualised GMV of US$6 billion. In December, the group recorded its strongest monthly GMV on record, more than 70% higher than a year earlier.
Atome Financial comprises Atome’s BNPL business, the Pay Later Anywhere Card and Kredit Pintar.
